1 February 2024 false No description of principal activity Taxfiler 2024.6 07121441business:PrivateLimitedCompanyLtd2024-02-012025-01-31 071214412024-01-31 071214412024-02-012025-01-31 07121441business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 07121441business:FilletedAccounts2024-02-012025-01-31 071214412025-01-31 07121441business:Director12024-02-012025-01-31 07121441business:Director22024-02-012025-01-31 07121441business:Director32024-02-012025-01-31 07121441business:RegisteredOffice2024-02-012025-01-31 071214412024-01-31 07121441core:WithinOneYear2025-01-31 07121441core:WithinOneYear2024-01-31 07121441core:AfterOneYear2025-01-31 07121441core:AfterOneYear2024-01-31 07121441core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 07121441core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 07121441core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 07121441core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 07121441core:PreviouslyStatedAmount2025-01-31 07121441core:PreviouslyStatedAmount2024-01-31 07121441business:SmallEntities2024-02-012025-01-31 07121441countries:EnglandWales2024-02-012025-01-31 07121441core:PlantMachinery2024-02-012025-01-31 07121441core:FurnitureFittings2024-02-012025-01-31 07121441core:PlantMachinery2024-01-31 07121441core:FurnitureFittings2024-01-31 07121441core:PlantMachinery2025-01-31 07121441core:FurnitureFittings2025-01-31 071214412023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 07121441 (England and Wales)
Precious About Makeup Limited Unaudited accounts for the year ended 31 January 2025
Precious About Makeup Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Precious About Makeup Limited Company Information for the year ended 31 January 2025
Directors
Katherine Anne Benton James Cameron Fyans Rachel Rose Lennon
Company Number
07121441 (England and Wales)
Registered Office
Precious About Make Up Unit 15 Alliance Court, Alliance Road London W3 0RB England
Accountants
Braant Ltd 20 to 22 Wenlock Road London N1 7GU
- 3 -
Precious About Makeup Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,469 
1,959 
Current assets
Inventories
319,885 
347,878 
Debtors
5
50,849 
33,454 
Cash at bank and in hand
150,416 
56,418 
521,150 
437,750 
Creditors: amounts falling due within one year
6
(102,900)
(83,834)
Net current assets
418,250 
353,916 
Total assets less current liabilities
419,719 
355,875 
Creditors: amounts falling due after more than one year
7
(3,308)
(13,468)
Net assets
416,411 
342,407 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
416,409 
342,405 
Shareholders' funds
416,411 
342,407 
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by
Rachel Rose Lennon Director Company Registration No. 07121441
- 4 -
Precious About Makeup Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Precious About Makeup Limited is a private company, limited by shares, registered in England and Wales, registration number 07121441. The registered office is Precious About Make Up, Unit 15, Alliance Court, Alliance Road, London, W3 0RB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
17,710 
9,239 
26,949 
At 31 January 2025
17,710 
9,239 
26,949 
Depreciation
At 1 February 2024
16,391 
8,599 
24,990 
Charge for the year
330 
160 
490 
At 31 January 2025
16,721 
8,759 
25,480 
Net book value
At 31 January 2025
989 
480 
1,469 
At 31 January 2024
1,319 
640 
1,959 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
29,915 
14,100 
Accrued income and prepayments
20,934 
19,354 
50,849 
33,454 
- 5 -
Precious About Makeup Limited Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
34,406 
13,704 
Trade creditors
30,189 
26,459 
Taxes and social security
25,385 
10,374 
Other creditors
773 
369 
Loans from directors
- 
14,482 
Accruals
1,499 
7,798 
102,900 
83,834 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,308 
13,468 
8
Transactions with related parties
The company received services from one director to the value of £18,000 during the year
9
Average number of employees
During the year the average number of employees was 9 (2024: 5).
- 6 -